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Boeing conducts test flight of the second B747-8 Intercontinental; B/E Aerospace sees strong demand

Analysis

Boeing conducted the first test flight of the second B747-8 Intercontinental, RC021, on 26-Apr-2011. The aircraft completes the two-aircraft test fleet for the B747-8 Intercontinental.

RC021 will be used primarily for testing the various interior systems, including heating, venting and air conditioning, smoke detection and galleys. In addition, Boeing will conduct fuel consumption and function and reliability tests on the aircraft. The B747-8 Intercontinental flight-test programme will perform approximately 600 hours of flight testing. Boeing's shares advanced 0.9% yesterday.

Meanwhile, B/E Aerospace has reported record bookings during 1Q2011. Demand for aircraft interior equipment is expected to increase further even as airlines look to potentially slow down capacity growth in response to soaring fuel prices, B/E Aerospace said. Its shares rose 1.5%.

See related report: B/E Aerospace enjoys record demand for aircraft interiors

Selected Aerospace daily share price movements (% change): 26-Apr-2011

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